The IHRA has acquired the F1 Powerboat Racing tunnel-boat racing series.

With the acquisition, F1 Powerboat Racing will now operate under the IHRA Powerboating umbrella. IHRA will integrate its safety, broadcast, marketing and event operations infrastructure to support a transition for the 2026 season. Additionally, IHRA will offer $500,000 for prize purse and racer support.

"Bringing this series under the IHRA umbrella accelerates our vision of unifying powerboat racing and delivering a world-class experience for racers, teams and fans," Darryl Cuttell, CEO of IHRA. "This acquisition is not just about growth; it's about strengthening the future of the sport through stability, professionalism and opportunity."

"This is another major step in aligning the sport, improving racer pathways, and presenting a clear, coordinated national framework for powerboat competition," said IHRA President Leah Martin. "F1 Powerboat Racing has a strong legacy, and we are excited to honor that history while bringing new innovation, expanded media coverage and unprecedented support for the athletes."

IHRA will release detailed information regarding the 2026 IHRA F1 Powerboat Racing schedule, technical framework and team resources in the coming weeks.

For more information, visit ihra.com.